____ Is a Set of Rules for Exchanging Data Over

question 53

Multiple Choice

____ is a set of rules for exchanging data over the Web.

• A) FORTRAN
• B) HTML
• C) XML
• D) Java

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Definitions:

Notes Receivable

Legally enforceable claims for money owed to a business by its customers or clients, typically evidenced by a written promise to pay.

Formal Instruments of Credit

Legal documents that acknowledge debt and specify terms of repayment, such as notes payable or bonds.

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects revenue by comparing net credit sales to the average accounts receivable.

Net Receivables

The amount of money expected to be received from accounts receivable after deducting allowances for bad debts or discounts.